The Fair Trade Commission raided 13 road-paving firms Wednesday for suspected bid-rigging in projects to repair roads damaged by the March 2011 earthquake and tsunami.
Among the raided contractors are Nippo Corp., Maeda Road Construction Co., NipponRoad Co., Obayashi Road Corp. and Toa Road Corp., informed sources told Jiji Press.
The road-paving firms are suspected of having rigged their bids in expressway restoration projects offered by a local unit of East Nippon Expressway Co. , for at least the past few years.
To further investigate before filing criminal charges with prosecutors, the antimonopoly watchdog plans to question company officials in charge of the projects ordered by East Nippon Expressway.
Full Content: Engineering News Record
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Nigerian Court Confirms Consumer Protection Commission’s Authority Over Telecom Sector
Feb 10, 2025 by
CPI
Microsoft Under French Antitrust Investigation Over Bing Practices
Feb 10, 2025 by
CPI
Hausfeld Grows Antitrust Litigation Team
Feb 10, 2025 by
CPI
Microsoft Seeks to Ease EU Antitrust Concerns With Office Pricing Adjustment
Feb 10, 2025 by
CPI
South Korea Flags Chinese AI App DeepSeek Over Data
Feb 10, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon